Filipino entity eyes Hanjin Subic takeover

Economy & Tourism

Aside from Chinese companies, Filipino entity is also keen on taking over operations of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) as it undergoes financial rehabilitation.

“From what I gathered, mayroong Pilipinong gustong mag-takeover,” Presidential Spokesperson Salvador Panelo said. “Maraming shipping magnate sa Pilipinas na can afford. So let’s wait. “

The presidential spokesperson also noted that Chinese takeover of the said Korean shipyard is still speculation.


“Kung Chinese company naman na dati na nating ka-deal at wala namang problema,” he said. “Eh di walang isyu. Eh kung hindi natin kilala eh di siyempre we have to vet para malaman natin.”